Severe weather has taken its toll on Canada, and insurance companies are ready to share the pain.
The recent wild weather could soon have an impact on your wallet, if it hasn't already, through your insurance rates.
Intact Financial Corporation, one of Canada's largest property insurers, says it has raised premiums upwards of 20% over the last few months as weather-related damage claims have risen.
Weather damages cost the industry $3-Billion in 2013, which is the largest payout in years That total is also without factoring the December ice storm that caused widespread damage in Ontario, Quebec and the Maritimes. Insurance companies say it's too early to tell how many millions will be claimed from the ice storm.
But the Insurance Bureau of Canada severe weather seems to be a trend that shows no sign of slowing down.

Belongathon is Back in Woodstock
LDCSB Trustee Candidate Profile - Mary Holmes
International Trails Day Celebration in Oxford
Beach Day Arrives in Norfolk County
City Approves Changes to Downtown Parking
Affordable Housing Units are Coming to Woodstock
A Revamped Woodstock Fair for 2026
World Crokinole Championship Returns to Tavistock
Warden Responds to Pride Flag Vandalism
SWOX Candidate Profile - William Van Lagen
Woodstock Police Recover Stolen Vehicles
Zorra Township Candidate Profile - James Chamberlain
Woodstock Police Briefs - June 3rd, 2026
Running with the Bulls Returns for Third Year
Pride Flag Vandalized in Norwich
WFD Responds to Seven Calls in Two Days
UPDATE: Witnesses Wanted in Highway 403 Crash
News Poll: Stanley Cup Final 2026
Assault Charge Laid in Delhi
Shared Deputy Fire Chief Hired for Zorra and SWOX
Comments
Add a comment